Source Pravda.Ru

YUKOS to buy shares in Mazeikiu Nafta

The board of directors of Mazeikiu Nafta approved a final variant of the agreement on purchasing a 26.85 percent block of shares in the company by YUKOS, the press service of the Lithuanian company reported. The deal amounts to some $75m. US based Williams has the same share in the Lithuanian oil company. A 40.66 percent stake belongs to the Lithuanian government.

The contract envisages that YUKOS will provide oil supplies to the Mazeikiu oil refinery in the next 10 years totaling 35m barrels of oil annually.

In April 2002 an international consortium that included YUKOS and Williams agreed to participate in the authorized capital of Mazeikiu Nafta and to export Russian oil to the Mazeikiu oil refinery. Mazeikiu Nafta's shareholders approved the deal on April 30. The republican government adopted a positive decision on the contract in May.

Mazeikiu Nafta includes the Mazeikiu oil refinery, an oil terminal in Butinge and the Birzaiski oil pipeline.

Visit to

&to=http://www.yukos.com/main.asp' target=_blank>YUKOS

&to=http://www.nafta.lt/' target=_blank>NAFTA

On December 10, 1948 the Universal Declaration of Human Rights was adopted by the United Nations General Assembly, its thirty articles enshrining basic and fundamental rights guaranteeing dignity of the human person and equality for all, regardless of race, color, creed or gender. A pipe dream?

Human Rights Day: Let us hang our heads in shame
Comments
Turkish President Erdogan issues ultimatum to Washington and Brussels
Russian general says allegations of his involvement in MH17 crash are stupid
Putin makes first comment on Trump's Jerusalem decision
Turkish President Erdogan issues ultimatum to Washington and Brussels
Putin makes first comment on Trump's Jerusalem decision
Putin makes first comment on Trump's Jerusalem decision
Elon Musk sells old ideas to NASA under the guise of unprecedented innovations
Russian general says allegations of his involvement in MH17 crash are stupid
Europeans say what puzzles them in Russia most
Putin makes first comment on Trump's Jerusalem decision
Putin makes first comment on Trump's Jerusalem decision
USA looking for reason to see nuclear weapons in action
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Putin makes first comment on Trump's Jerusalem decision
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Mikhail Saakashvili's bumpy ride in politics: From chewing his tie to climbing on rooftop
Mikhail Saakashvili's bumpy ride in politics: From chewing his tie to climbing on rooftop
European Court of Human Rights: Promoting filth and insolence
European Court of Human Rights: Promoting filth and insolence